Common use of ERISA Reports Clause in Contracts

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower any Guarantor and any Subsidiary of the Borrower or a Guarantor, files with or receives from the PBGC or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Agent a certificate of the President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.

Appears in 3 contracts

Samples: Loan Agreement (Gristedes Foods Inc), Loan Agreement (Gristedes Foods Inc), Loan Agreement (Hirsch International Corp)

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ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Company, any Guarantor and or any Subsidiary of the Borrower Company or a any Guarantor, files with or receives from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISA; and as soon as possible after the BorrowerCompany, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the BorrowerCompany, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower Company or such Guarantor will deliver to the Agent Lenders a certificate of the President or the Chief Financial Officer of the Borrower Company or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower Company or such Guarantor proposes to take with respect thereto.

Appears in 3 contracts

Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a Guarantor, files with or receives under ERISA from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISALabor; and as soon as possible after the Borrower, Borrower or any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan of the Borrower, any Guarantor or any Subsidiary or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Agent each Lender a certificate of the President, Vice President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Event, Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.;

Appears in 2 contracts

Samples: Loan Agreement (One Liberty Properties Inc), Loan Agreement (One Liberty Properties Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a Guarantor, files with or receives from the PBGC or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Agent and the Banks a certificate of the President president or the Chief Financial Officer chief financial officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.

Appears in 2 contracts

Samples: Loan Agreement (Manchester Equipment Co Inc), Loan Agreement (Manchester Equipment Co Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a any Guarantor, files with or receives from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Agent and the Lenders a certificate of the President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.;

Appears in 2 contracts

Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a Guarantor, files with or receives from the PBGC or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Agent Bank a certificate of the Chief Executive Officer, the President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Manchester Technologies Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a Guarantor, files with or receives under ERISA from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISALabor; and as soon as possible after the Borrower, Borrower or any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the of Borrower, any Guarantor or any such Subsidiary or that the PBGC or Borrower, any Guarantor or any Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Administrative Agent a certificate of the President, Vice President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Event, Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.;

Appears in 1 contract

Samples: Loan Agreement (One Liberty Properties Inc)

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ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower Borrower, any Guarantor and or any Subsidiary of the Borrower or a any Guarantor, files with or receives from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such Guarantor will deliver to the Administrative Agent and the Lenders a certificate of the President or the Chief Financial Officer of the Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such Guarantor proposes to take with respect thereto.;

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower any Guarantor and Borrower, or any Subsidiary of the Borrower or a the Guarantor, files with or receives from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISA; and as soon as possible after the Borrower, any the Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the Borrower, any the Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the Borrower or such the Guarantor will deliver to the Agent Bank a certificate of the President or the Chief Financial Officer of the Borrower or such the Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the Borrower or such the Guarantor proposes to take with respect thereto.;

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the a Borrower any Guarantor and any Subsidiary of the a Borrower or a Guarantor, files with or receives from the PBGC or the U.S. Department of Labor under ERISA; and as soon as possible after the a Borrower, any Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the a Borrower, any Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the such Borrower or such Guarantor will deliver to the Agent a certificate of the President or the Chief Financial Officer of the such Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the such Borrower or such Guarantor proposes to take with respect thereto.

Appears in 1 contract

Samples: Loan Agreement (Hirsch International Corp)

ERISA Reports. Promptly after the filing or receiving thereof, copies of all reports, including annual reports, and notices which the Borrower any a Borrower, a Guarantor and or any Subsidiary of the a Borrower or a Guarantor, Guarantor files with or receives from the PBGC PBGC, the Internal Revenue Service or the U.S. Department of Labor under ERISA; and as soon as possible after the a Borrower, any a Guarantor or any such Subsidiary knows or has reason to know that any Reportable Event or Prohibited Transaction has occurred with respect to any Plan or that the PBGC or the a Borrower, any a Guarantor or any such Subsidiary has instituted or will institute proceedings under Title IV of ERISA to terminate any Plan, the RC Borrower or such Guarantor will deliver to the Agent and the Lenders a certificate of the President Chief Executive Officer or the Chief Financial Officer of the RC Borrower or such Guarantor setting forth details as to such Reportable Event or Prohibited Transaction or Plan termination and the action the RC Borrower or such Guarantor proposes to take with respect thereto.;

Appears in 1 contract

Samples: Loan Agreement (Allied Devices Corp)

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